SALT Report 3025 – On September 23, 2013 the California Office of Administrative Law approved the readoption of emergency regulation 2000 which specifies the amount of reimbursement a retailer may retain from the 1% Lumber Products Assessment. The assessment is imposed on all purchases of lumber and engineered wood products sold in California. The reimbursement is designed to compensate retailers for the costs associated with the collection and remittance of the assessment.
The emergency regulatory expires on December 24, 2013.
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